Richard & Scarlett Chang is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ALLEN, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 4 grants totaling $77K. Net investment income was $104K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.3M
+7.9% YoY
Annual Giving
$77K
+10.0% YoY
Grant Count
4
+100.0% YoY
Avg Grant Size
$19K
-45.0% YoY
About Richard & Scarlett Chang
Based on IRS filings
Richard & Scarlett Chang is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ALLEN, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 4 grants totaling $77K. Net investment income was $104K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,344,511 | $1,246,078 | $1,262,546 |
| Revenue | $186,402 | $61,436 | $102,103 |
| Expenses | $87,724 | $78,149 | $73,718 |
| Qualifying Distributions | $77,000 | $70,000 | $65,000 |
| Net Investment Income | $104,137 | $55,644 | $52,103 |
| Distributable Amount | $70,804 | $62,184 | $61,827 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
12 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RICHARD CHANG | CHAIRMAN | 1 | — |
| SCARLETT CHANG | TREASURER | 1 | — |
| ERIC C KO | SECRETARY | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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